, 1887-11-20
TWENTY FIRST YEAR.
The Cattle Market.
atch to THK LEADER.

SpcCldi bIopdbSh W II AhAbhh
CHICAGO, Nov. 19.-There is hut
little change to note in the cattle market
this week. Trade drags. Every few days
the situation assumes a temporary show
of improvement. values harden a little,
and business seems just on the verge of
healthy activity. Then comes another
rush of stock, the yards get filled up, the
market collapses aud values are generally
left a point or so below the previous low
mark. Hence the best and Oldest traders
here are still firm in their belief that no
material or permanent advance will take
place until after the holidays. Values are
now about l0(9l2c. lower than last Satur-
day. This is because receipts have
shown the expected increase and because,
despite fair buying all around, offerings
exceeded the demand and considerable
stuff was left in the yards each night.
Medium and plain natl yea are hard to
sell unless inducements in the way Of
price concessions or some other advant-
age, such as throwing out one or two, are
given. Buyers, OF course, prefer the
best rangers they can < ct, at about the
same price or under, to the plain and I'M
desirable natives Choice beeves have
about held their own, and extra and fancy
steers are fully as high as a week ago,
This is because receipts of this class have
been about as light as for any week this
season, and because the one of the Brit
ish market has undergone a notable i'm
provement. On Wednesday some fancy
beeves sold at the highest figures of the
year; viz: S.. 65, but these sales
should not be taken into account in sun
ming up the market, as buyers offer a
load OF Two that description may be found
almost any day at fancy prices. In fact
one feature of the market that attracts
attention just now is the great scarcity of
cattle showing the qualities to bring S.. 90
or over, and the number of steers that
fetch over 81 so is small. The rank
and file Gull as common to good" and
the prevailing prices are SO 50(G4. so,
with poorer lots dull at So. @3.25. Coun-
try shippers should understand too that
aver at these figures heavy supplies can
not be disposed of readily.
Butchers stuff brings full prices and
readily. Supplies of native COWS and
bulls are keeping up surprisingly but the
greatly decreased offerings of common
rangers has advanced the former 25(950c.
They are still low, distressingly low, and
not much further improvement is looked
for in spite of the TACT that Gamers now
have to look to native stuff for a consid-
cradle part of their daily supplies. Seal,
lawag lots are slow but steady. Poor to
choice lows go at 81 50(92.75.
Stockers and feeders are fairly active.
The demand is good, and fully former
prices obtainable. Notwithstanding liberal
offerings. The advance in butchers
stuff helps trade in stock cattle, but they
are still very cheap. Some dealers
claim hat cattle are lower here than in
the country.
Receipts OF western rangers are re.
markably liberal for the time of year and
the feeling is easy. Texans bring full
prices, offerings being light. Those that
suit Gamers especially bring a substantial
advance, especially the cows. The aver
age quality is better than for any previous
week of the season. A continued decline
in receipts from the ranges may now
safely be counted on and stronger If not
much higheis prices looked for,